South Korea Plans to Buy Chinese Equities to Diversify Reserves

8 February 2012, 4:28 am

South Korea’s central bank is considering buying several hundred million dollars worth of Chinese equities and a greater amount of the nation’s bonds to diversify its foreign-exchange reserves.... Read More »

Seoul gets assurances on Saudi oil

8 February 2012, 4:09 am

RIYADH, Saudi Arabia, Feb. 8 (UPI) -- Saudi Arabia pledged to increase oil exports to South Korea to make up for the lack of Iranian crude, the government in Riyadh said.... Read More »

Saudi 'pledges secure energy supply' to S. Korea

8 February 2012, 1:37 am

Saudi Arabia has pledged to ensure a stable supply of oil to South Korea, which is under pressure from the United States to reduce purchases from Iran, a report said on Wednesday.... Read More »

Corn Imports by Korea to Rebound in 2012 as Hog Herd Builds

8 February 2012, 12:55 am

Corn imports by South Korea, the world’s third-biggest buyer, may rebound this year as the livestock industry recovers from the nation’s worst-ever outbreak of foot-and-mouth disease, said a feed industry group.... Read More »

South Korea Votes to Set Limits on Greenhouse Gas Emissions

8 February 2012, 12:34 am

South Korean lawmakers voted to impose greenhouse-gas limits on its large st companies, making it the third Asia-Pacific nation to set targets opposed by industry.... Read More »

South Korea Moves Closer to Setting Limits on Carbon Emissions

7 February 2012, 10:33 pm

South Korea may become the third Asia-Pacific nation to set greenhouse-gas limits for its largest companies following a vote scheduled today in Seoul.... Read More »

South Korea’s No. 2 Public Pension Fund to Boost Equities

7 February 2012, 9:56 pm

Korea Teachers Pension, the nation’s second-largest public pension fund, plans to increase its domestic stock holdings this year on the prospect Europe will resolve its debt crisis, spurring demand for riskier assets.... Read More »

South Korea Set to Follow Australia’s Rate Pause as U.S. Revives

7 February 2012, 9:34 pm

South Korea will probably follow Australia’s lead and refrain from cutting interest rates tomorrow as the global economy shows signs of strength and officials highlight price pressures.... Read More »

Moon rises in open South Korea presidential race

7 February 2012, 7:20 pm

SEOUL (Reuters) - A South Korean lawyer jailed for protesting against military rule nearly 40 years ago, and who advocates closer ties with rival North Korea and more welfare spending, has surged into the running for the presidency later this year. Moon Jae-in, 59, has emerged as the kingmaker in th... Read More »

South Korea’s No. 2 Public Pension Fund to Boost Equity Holdings

7 February 2012, 6:40 pm

Korea Teachers Pension, the nation’s second-largest public pension fund, plans to increase its domestic stock holdings this year on the prospect Europe will resolve its debt crisis, spurring demand for riskier assets.... Read More »